Novell Will Be Acquired by Attachmate for $2.2 Billion, or $6.10 a Share

Posted by bigg on Nov 22, 2010 1:32 PM EDT
Bloomberg.com; By Ville Heiskanen
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Attachmate Corp., an investment group including Francisco Partners, Golden Gate Capital and Thoma Bravo, agreed to buy software maker Novell Inc. for about $2.2 billion in cash. Novell investors will get $6.10 a share, Attachmate said in a statement today. That’s 9.1 percent more than Novell’s closing price on Nov. 19. Novell will also sell some intellectual- property assets to a group technology companies led by Microsoft Corp. for $450 million.

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